Volvo Cars reduces growth forecast amid premium auto market slowdown

Europe faces a reality check as its weak auto market is set to face more closures. In their latest move, Audi takes the centre stage as the firm is considering closing the Brussels plant. Analysts says this move is indicates the troubles afflicting Europe's wider electric car industry amid low demand and competition from China.

Audi: More than 3,000 jobs at risk in Europe

Volkswagen, Europe's largest automaker, has decided to scrap decades-old job security guarantees at six German plants. This move is part of a broader cost-cutting drive aimed at competing with cheaper Asian rivals.

Volkswagen warns of shutting factories as Europe's auto market becomes weak

Europe faces a reality check as its weak auto market is set to face more closures. Volkswagen is the latest to threaten job cuts in Germany and warn it may shutter factories there for the first time.

Europe's anemic auto market is set to face more closures

The latest industry data says that India has surpassed Japan in auto sales last year; making it the world's third-largest auto market behind China and the United States. The numbers say that India sold at least 4.25 million new vehicles going past Japan's 4.2 million.

India becomes world's third-largest auto market surpassing Japan in auto sales

Toyota charts new course in India with its first mass market hybrid car

Indian auto market has continuously attracted MNC's. Stellantis is preparing for a fresh onslaught on Indian market. In a conversation with WION, Stellantis CEO Roland Bouchara said, Indian market could grow to 5 mn by 2030.

Indian auto market to be one of top 5: Stellantis India

In a recent conversation about Indian auto market with Zac Hollis, brand director of Skoda Auto India said, "Sedan market will be twice as big in a year."

Indian Auto Market: Are sedans making a comeback?

Car markets in India have been taken over by mid-sized SUVs. Recently, automakers are going to bring Sedans back in the market that is a new thing to India, while Skoda is also trying to make a come back with the new Sedan Slavia. WION's Business Editor Sumit Chaturvedi speaks to Zak Hollis, Brand Director of Skoda Auto India for more insights.

Sedan market will be twice as big in a year: Zak Hollis

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